What is Zacks Research’s Forecast for WPM Q3 Earnings?

Wheaton Precious Metals Corp. (NYSE:WPM) – Analysts at Zacks Research upped their Q3 2026 earnings per share estimates for shares of Wheaton Precious Metals in a research report issued on Wednesday, July 22nd. Zacks Research analyst Team now expects that the company will earn $1.14 per share for the quarter, up from their previous forecast of $1.13. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.73 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $4.71 EPS, Q1 2027 earnings at $1.29 EPS, Q2 2027 earnings at $1.13 EPS, Q3 2027 earnings at $1.28 EPS, Q4 2027 earnings at $1.43 EPS, FY2027 earnings at $5.13 EPS and Q2 2028 earnings at $1.14 EPS.

WPM has been the topic of several other research reports. Scotiabank cut their target price on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. Wall Street Zen cut shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings downgraded shares of Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Jefferies Financial Group dropped their price objective on Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Finally, Bank of America cut their target price on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Twelve investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Wheaton Precious Metals has a consensus rating of “Moderate Buy” and an average target price of $161.09.

Wheaton Precious Metals Trading Up 1.4%

Shares of WPM opened at $111.46 on Thursday. Wheaton Precious Metals has a twelve month low of $90.39 and a twelve month high of $165.76. The firm has a market capitalization of $50.62 billion, a price-to-earnings ratio of 28.15, a PEG ratio of 1.99 and a beta of 0.55. The firm’s fifty day simple moving average is $118.46 and its 200-day simple moving average is $131.84.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. The company had revenue of $901.47 million for the quarter, compared to analyst estimates of $868.35 million. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.Wheaton Precious Metals’s revenue for the quarter was up 91.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.55 EPS.

Wheaton Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were issued a dividend of $0.195 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.78 annualized dividend and a dividend yield of 0.7%. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 19.70%.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of institutional investors have recently added to or reduced their stakes in WPM. Assetmark Inc. boosted its stake in shares of Wheaton Precious Metals by 144.4% in the fourth quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after buying an additional 130 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in Wheaton Precious Metals by 245.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock valued at $29,000 after acquiring an additional 162 shares during the last quarter. Harvest Fund Management Co. Ltd increased its holdings in Wheaton Precious Metals by 100.0% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock valued at $27,000 after acquiring an additional 117 shares in the last quarter. Hollencrest Capital Management raised its position in Wheaton Precious Metals by 73.5% during the first quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock worth $31,000 after acquiring an additional 100 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC acquired a new position in Wheaton Precious Metals during the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.